Alexander & Baldwin (NYSE:ALEX) 주식

ALEXANDER & BALDWIN INC

Alexander & Baldwin

Alexander & Baldwin Inc is a Hawaii commercial real estate company. The group owns, operates, and manages million square feet of retail, industrial, and office space in Hawaii. It is a real estate investment trust (REIT) and the owner of grocery and drug-anchored retail centers in the state. It functions through two segments namely Commercial Real Estate and Land Operations. The Commercial Real Estate segment owns and manages retail, industrial spaces, and also urban ground leases in Hawaii, thereby accounting for a majority of the company's revenue. The Land Operations segment actively manages the company's land and real estate-related assets and makes optimum utilization of these assets. Geographically, the activities are carried out across the United States.

Alexander & Baldwin, Inc. Common Stock REIT Holding Company

Alexander & Baldwin Inc

ALEXANDERWERK AG by ALEXANDERWERK AG

Alexander's Inc

Alexandria Real Estate Equities, Inc. Common Stock

Alexandria Real Estate Equities Inc

Alexis Practical Tactical ETF

ALEXIUM INTL GRP LTD ORD by Alexium International Group Ltd.

Alexium International Group Ltd

Alexander &amp; Baldwin (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALEX#NYSE">ALEX</a>) raises FY2025 FFO guidance from $1.13-$1.20 to $1.17-$1.23 vs $1.17 analyst estimate..

News

Guidance

ALEX

Alexander & Baldwin Raises FY2025 FFO Guidance from $1.13-$1.20 to $1.17-$1.23 vs $1.17 Est

Alexander &amp; Baldwin (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALEX#NYSE">ALEX</a>) reported quarterly earnings of $0.29 per share which beat the analyst consensus estimate of $0.15 by 93.33 percent. This is a 3.57 percent increase over earnings of $0.28 per share from the same period last year. The company reported quarterly sales of $53.74 million which beat the analyst consensus estimate of $50.66 million by 6.08 percent. This is a 12.20 percent decrease over sales of $61.21 million the same period last year.

Earnings

Earnings Beats

Alexander & Baldwin Q1 EPS $0.29 Beats $0.15 Estimate, Sales $53.74M Beat $50.66M Estimate

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Earnings Scheduled For April 24, 2025

Alexander &amp; Baldwin (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALEX#NYSE">ALEX</a>) is a real estate investment trust that focuses exclusively on Hawaii commercial real estate and is the state&#8217;s largest owner of grocery-anchored, neighborhood shopping centers.
It will report its Q1 2025 earnings on April 24. Wall Street analysts expect the company to post revenues of $49.15 million, down from $61.20 million in the prior-year period.&nbsp;
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The 52-week range of Alexander &amp; Baldwin stock price was $15.53 to $20.30.
Alexander &amp; Baldwin's dividend yield is 5.22%. It paid $0.90 per share in dividends during the last 12 months.
<h2 class="wp-block-heading">The Latest On Alexander &amp; Baldwin</h2>
On Feb. 27, the company announced its Q4 2024 earnings, posting EPS of $0.17, compared to the consensus estimate of $0.15, and revenues of $62.45 million, compared to the consensus of $49.12 million, as reported by <a href="https://www.benzinga.com/news/earnings/25/02/44026201/alexander-baldwin-q4-eps-0-17-beats-0-15-estimate-sales-62-45m-beat-49-12m-estimate">Benzinga</a>.
&#8220;Our portfolio ended the year on a high note with better than expected results. Occupancy is healthy, leasing volumes continue to trend well and comparable leasing spreads are strong. Looking ahead to 2025, we are excited about our prospects to continue meaningful earnings growth organically through our portfolio, and through internal and external growth opportunities,&#8221; said CEO Lance Parker.
The company provided its full-year 2025 guidance, expecting FFO per diluted share in the range of $1.13 to $1.20.
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<h2 class="wp-block-heading">How Can You Earn $100 Per Month As An Alexander &amp; Baldwin Investor?</h2>
If you want to make $100 per month — $1,200 annually — from Alexander &amp; Baldwin dividends, your investment value needs to be approximately $22,989, which is around 1,333 shares at $17.24 each.&nbsp;
Understanding the dividend yield calculations: When making an estimate, you need two key variables — the desired annual income ($1,200) and the dividend yield (5.22% in this case). So, $1,200 / 0.0522 =$22,989 to generate an income of $100 per month.
You can calculate the dividend yield by dividing the annual dividend payments by the current price of the stock.
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The dividend yield can change over time. This is the outcome of fluctuating stock prices and dividend payments on a rolling basis.
For instance, assume a stock that pays $2 as an annual dividend is priced at $50. Its dividend yield would be $2/$50 = 4%. If the stock price rises to $60, the dividend yield drops to 3.33% ($2/$60). A drop in stock price to $40 will have an inverse effect and increase the dividend yield to 5% ($2/$40).
In summary, income-focused investors may find Alexander &amp; Baldwin stock an attractive option for making a steady income of $100 per month by owning 1,333 shares of stock.&nbsp;
Check out this <a href="https://www.benzinga.com/personal-finance/25/03/44512023/how-chevron-best-buy-and-idacorp-can-put-cash-in-your-pocket">article by Benzinga</a> for three more stocks offering high dividend yields.&nbsp;
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Personal Finance

How Much Would It Take To Earn $100 A Month From Alexander & Baldwin Stock

Piper Sandler analyst Alexander Goldfarb maintains Alexander &amp; Baldwin (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALEX#NYSE">ALEX</a>) with a Overweight and raises the price target from $23 to $24.

Price Target

Analyst Ratings

Piper Sandler Maintains Overweight on Alexander & Baldwin, Raises Price Target to $24

Alexander &amp; Baldwin (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALEX#NYSE">ALEX</a>) is looking for FY2025 FFO of $1.13-$1.20 vs $1.13 analyst estimate..

Alexander & Baldwin Sees FY2025 FFO $1.13-$1.20 vs $1.13 Est

Alexander &amp; Baldwin (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALEX#NYSE">ALEX</a>) reported quarterly earnings of $0.17 per share which beat the analyst consensus estimate of $0.15 by 13.33 percent. This is a 41.67 percent increase over earnings of $0.12 per share from the same period last year. The company reported quarterly sales of $62.45 million which beat the analyst consensus estimate of $49.12 million by 27.14 percent. This is a 18.06 percent increase over sales of $52.90 million the same period last year.

Alexander & Baldwin Q4 EPS $0.17 Beats $0.15 Estimate, Sales $62.45M Beat $49.12M Estimate

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Earnings Scheduled For February 27, 2025

JMP Securities analyst Mitch Germain maintains Alexander &amp; Baldwin (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALEX#NYSE">ALEX</a>) from Market Perform to Market Perform.

JMP Securities Maintains Market Perform on Alexander & Baldwinto Market Perform

Piper Sandler analyst Alexander Goldfarb reiterates Alexander &amp; Baldwin (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALEX#NYSE">ALEX</a>) with a Overweight and raises the price target from $22 to $23.

Reiteration

Piper Sandler Reiterates Overweight on Alexander & Baldwin, Raises Price Target to $23

Alexander &amp; Baldwin (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALEX#NYSE">ALEX</a>) reported quarterly earnings of $0.27 per share which beat the analyst consensus estimate of $0.21 by 28.57 percent. The company reported quarterly sales of $61.944 million which beat the analyst consensus estimate of $51.483 million by 20.32 percent. This is a 17.99 percent increase over sales of $52.500 million the same period last year.

Alexander & Baldwin Q3 2024 GAAP EPS $0.27 Beats $0.21 Estimate, Sales $61.944M Beat $51.483M Estimate

Alexander &amp; Baldwin (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALEX#NYSE">ALEX</a>) raises FY2024 FFO guidance from $0.99-1.08 to $1.05-1.12 vs $1.27 analyst estimate..

Alexander & Baldwin Raises FY2024 FFO Guidance from $0.99-1.08 to $1.05-1.12 vs $1.27 Est.

Alexander &amp; Baldwin (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALEX#NYSE">ALEX</a>) is set to give its latest quarterly earnings report on Thursday, 2024-10-24. Here's what investors need to know before the announcement.
Analysts estimate that Alexander &amp; Baldwin will report an earnings per share (EPS) of $0.21. 
The announcement from Alexander &amp; Baldwin is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.
It's worth noting for new investors that guidance can be a key determinant of stock price movements.
<h3>Earnings Track Record</h3>
In the previous earnings release, the company beat EPS by $0.02, leading to a 6.32% increase in the share price the following trading session.
Here's a look at Alexander &amp; Baldwin's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
<th>Q3 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.14</td>
<td>0.13</td>
<td>0.27</td>
<td>0.32</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.16</td>
<td>0.28</td>
<td>0.12</td>
<td>0.16</td>
</tr>
<tr>
<td>Price Change %</td>
<td>6.0%</td>
<td>2.0%</td>
<td>-3.0%</td>
<td>3.0%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2024/1729717272_0.png" alt="eps graph" />
<h3>Tracking Alexander &amp; Baldwin's Stock Performance</h3>
Shares of Alexander &amp; Baldwin were trading at $18.3 as of October 22. Over the last 52-week period, shares are up 13.97%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release. 
<h3>Analyst Opinions on Alexander &amp; Baldwin</h3>
For investors, staying informed about market sentiments and expectations in the industry is paramount. This analysis provides an exploration of the latest insights on Alexander &amp; Baldwin.
With 2 analyst ratings, Alexander &amp; Baldwin has a consensus rating of Buy. The average one-year price target is $22.0, indicating a potential 20.22% upside.
<h3>Analyzing Analyst Ratings Among Peers</h3>
In this comparison, we explore the analyst ratings and average 1-year price targets of American Assets Trust, Armada Hoffler Properties and Empire State Realty Trust, three prominent industry players, offering insights into their relative performance expectations and market positioning.
<ul>
<li>Analysts currently favor an Neutral trajectory for American Assets Trust, with an average 1-year price target of $26.0, suggesting a potential 42.08% upside.</li>
<li>Armada Hoffler Properties received a Buy consensus from analysts, with an average 1-year price target of $12.5, implying a potential 31.69% downside.</li>
<li>Empire State Realty Trust received a Underperform consensus from analysts, with an average 1-year price target of $10.0, implying a potential 45.36% downside.</li>
</ul>
<h3>Peer Metrics Summary</h3>
The peer analysis summary provides a snapshot of key metrics for American Assets Trust, Armada Hoffler Properties and Empire State Realty Trust, illuminating their respective standings within the industry. These metrics offer valuable insights into their market positions and comparative performance.

<table>
<thead>
<tr>
<th>Company</th>
<th>Consensus</th>
<th>Revenue Growth</th>
<th>Gross Profit</th>
<th>Return on Equity</th>
</tr>
</thead>
<tbody>
<tr>
<td>Alexander &amp; Baldwin</td>
<td>Buy</td>
<td>-3.90%</td>
<td>$21.36M</td>
<td>0.91%</td>
</tr>
<tr>
<td>American Assets Trust</td>
<td>Neutral</td>
<td>1.07%</td>
<td>$70.54M</td>
<td>1.00%</td>
</tr>
<tr>
<td>Armada Hoffler Properties</td>
<td>Buy</td>
<td>11.33%</td>
<td>$51.26M</td>
<td>0.07%</td>
</tr>
<tr>
<td>Empire State Realty Trust</td>
<td>Underperform</td>
<td>-0.52%</td>
<td>$104.85M</td>
<td>1.70%</td>
</tr>
</tbody>
</table>

Key Takeaway:
Alexander &amp; Baldwin ranks at the bottom for Revenue Growth among its peers. It is in the middle for Gross Profit. The company is at the top for Return on Equity.
<h3>Unveiling the Story Behind Alexander &amp; Baldwin</h3>
Alexander &amp; Baldwin Inc operates in the real estate sector. It functions through two segments namely Commercial Real Estate and Land Operations. The Commercial Real Estate segment owns and manages retail, industrial spaces and also urban ground leases in Hawaii, thereby accounting for majority of the company's revenue. The Land Operations segment actively manages the company's land and real estate-related assets and makes optimum utilization of these assets. Geographically, the activities are carried out across the United States.
<h3>A Deep Dive into Alexander &amp; Baldwin's Financials</h3>
Market Capitalization Analysis: Reflecting a smaller scale, the company's market capitalization is positioned below industry averages. This could be attributed to factors such as growth expectations or operational capacity.
Revenue Challenges: Alexander &amp; Baldwin's revenue growth over 3 months faced difficulties. As of 30 June, 2024, the company experienced a decline of approximately -3.9%. This indicates a decrease in top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Real Estate sector.
Net Margin: Alexander &amp; Baldwin's net margin excels beyond industry benchmarks, reaching 17.83%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): Alexander &amp; Baldwin's ROE excels beyond industry benchmarks, reaching 0.91%. This signifies robust financial management and efficient use of shareholder equity capital.
Return on Assets (ROA): Alexander &amp; Baldwin's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 0.56% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: Alexander &amp; Baldwin's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.47.
<a href="https://www.benzinga.com/quote/ALEX/earnings">To track all earnings releases for Alexander &amp; Baldwin visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insights into Alexander & Baldwin's Upcoming Earnings

Expands Industrial Footprint in Central Oahu
HONOLULU, Sept. 23, 2024 /PRNewswire/ --&nbsp;Alexander &amp; Baldwin, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALEX#NYSE">ALEX</a>) ("A&amp;B" or the "Company"), a Hawai'i-based owner, operator, and developer of high-quality commercial real estate, announced it has completed an off-market acquisition of an industrial property in Pearl City, O'ahu for $29.7 million.
The 81,500-square-foot food distribution facility is fully leased to Hansen Distribution Group, a broadline food service subsidiary of C&amp;S Wholesale Grocers, an industry leader in supply chain solutions and wholesale grocery supply in the United States. Its central location on O'ahu provides ease of access to the Daniel K. Inouye International Airport, Honolulu Harbor and Honolulu's urban core.

Alexander & Baldwin Acquires Industrial Property In Pearl City O'ahu For $29.7M

Alliance Global Partners analyst Gaurav Mehta initiates coverage on Alexander &amp; Baldwin (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALEX#NYSE">ALEX</a>) with a Buy rating and announces Price Target of $22.

Initiation

Alliance Global Partners Initiates Coverage On Alexander & Baldwin with Buy Rating, Announces Price Target of $22

Piper Sandler analyst Alexander Goldfarb upgrades Alexander &amp; Baldwin (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALEX#NYSE">ALEX</a>) from Neutral to Overweight and raises the price target from $17 to $22.

Upgrades

Piper Sandler Upgrades Alexander & Baldwin to Overweight, Raises Price Target to $22

Alexander & Baldwin Raises FY24 Adjusted FFO Per Share Outlook From $0.89 - $1.00 To $0.99 - $1.08 (Est $1.15)

Alexander &amp; Baldwin (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALEX#NYSE">ALEX</a>) reported quarterly earnings of $0.16 per share which beat the analyst consensus estimate of $0.14 by 14.29 percent. This is a 6.67 percent increase over earnings of $0.15 per share from the same period last year. The company reported quarterly sales of $51.047 million which beat the analyst consensus estimate of $48.200 million by 5.91 percent. This is a 3.87 percent decrease over sales of $53.100 million the same period last year.

Alexander & Baldwin Q2 2024 GAAP EPS $0.16 Beats $0.14 Estimate, Sales $51.047M Beat $48.200M Estimate

Earnings are crucial for the share price of a stock to appreciate. But often, even good earnings fail to lift a stock if a company's forward guidance is weaker than analysts expect. Prologis Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLD#NYSE">PLD</a>) investors recently found this out as its shares were hit hard following the announcement that while core funds from operations (FFO) matched estimates, Prologis had revised full-year 2024 core FFO lower. Prologis subsequently lost almost 10% within a week.
Investors must also look at forward guidance plus the previous quarter's earnings when assessing stocks for possible purchase or sale. With that in mind, take a look at three real estate investment trusts (REITs) that recently raised full-year 2024 forward guidance from previous levels. 
Alexander &amp; Baldwin Inc. (Hawaii) (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALEX#NYSE">ALEX</a>) is a Honolulu-based diversified REIT exclusively focused on Hawaii commercial real estate. Alexander &amp; Baldwin owns and operates 22 retail centers, 13 industrial assets and four office properties with 3.9 million square feet. It also has 142 acres of ground-lease assets. Its leased occupancy as of March 31 was 94%. The company has a 154-year history of operation.
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On April 25, Alexander reported its first-quarter 2024 operating results. FFO of $0.35 beat the consensus of $0.26 and topped FFO of $0.29 in the first quarter of 2023. Revenue of $61.2 million beat the estimates of $49.25 million and first-quarter 2023 revenue of $50.4 million.
More significantly, Alexander &amp; Baldwin also raised its full-year 2024 adjusted funds from operations (AFFO) guidance from $0.80-$0.90 to $0.89-$1.00.
Piper Sandler analyst Alexander Goldfarb recently maintained a Neutral rating on Alexander &amp; Baldwin, with a $17 price target. Its recent closing price was $15.83, but it opened about 3% higher the morning following the earnings and guidance call.
Healthpeak Properties Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DOC#NYSE">DOC</a>) is an El Segundo, California-based diversified healthcare REIT that owns and operates private-pay facilities such as life science centers, medical offices and continuing care retirement communities. Although it has properties across the U.S., most are in the San Francisco, San Diego and Boston areas. Healthpeak's initial public offering (IPO) launched in 1985, and the company was added to the S&amp;P 500 in 2008. It owns 774 properties worth over $20 billion.
On March 1, Healthpeak officially merged with Physicians Realty Trust in an all-stock-for-stock transaction. Physicians Realty Trust's PEAK symbol was changed to DOC.
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On April 1, Bank of America Securities analyst Joshua Dennerlein upgraded Healthpeak Properties from Underperform to Buy and raised the price target 38.8% from $18 to $25.
On April 25, Healthpeak reported its first-quarter 2024 operating results. FFO of $0.45 per share was a penny above the consensus estimate and a 7.14% increase over FFO of $0.42 per share in the first quarter of 2023. Revenue of $606.56 million topped the consensus estimate of $588.284 million and was a 15.39% increase over revenue of $525.678 million in the first quarter of 2023.
Healthpeak also announced an increase to its full-year 2024 diluted AFFO guidance from $1.50-$1.56 to $1.53-$1.57.
Investors cheered the news and Healthpeak rose over 2% the morning following its earnings and guidance release.
Rexford Industrial Realty Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/REXR#NYSE">REXR</a>) is a Los Angeles-based industrial REIT with 422 properties totaling 49 million square feet that it owns or manages, primarily in Southern California's high-growth areas. Rexford Industrial is a member of the S&amp;P 400 and was founded in 2001. Rexford's first-quarter occupancy rate was 96.8%.
On April 16, Truist Securities analyst Anthony Hau maintained a Buy rating on Rexford Industrial Realty but lowered the price target from $57 to $53.
On April 17, Rexford Industrial Realty reported its first-quarter 2024 operating results. FFO of $0.58 per share beat the analyst consensus estimate of $0.57. Revenue of $210.99 million missed the consensus estimate of $211.56 million and was a 13.95% improvement over $185.16 million in revenue during the first quarter of 2023.
Unlike its peer Prologis, Rexford raised its full-year 2024 core FFO of $2.27-$2.30 per share to $2.31-$2.34. Although Rexford did not initially benefit much in share price, largely because of the sympathy selling of industrial REITs along with Prologis, it has been climbing higher over the past few days.&nbsp;
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Real Estate

REXR

3 REITs That Just Raised 2024 Full-Year Guidance

Alexander & Baldwin Raises 2024 AFFO Guidance From $0.80-$0.90 To $0.89-$1.00

Dividends

Press Releases

Alexander & Baldwin Announces Reporting Information for 2024 Dividend Distributions

Alexander & Baldwin Announces First Quarter 2025 Dividend

Alexander & Baldwin, Inc. Reports Fourth Quarter and Full-Year 2024 Results

Alexander & Baldwin Announces First Quarter 2025 Earnings Release and Conference Call Date

Alexander & Baldwin Announces Ground Lease at Maui Business Park

Alexander & Baldwin Announces Second Quarter 2025 Dividend

Alexander & Baldwin, Inc. Reports First Quarter 2025 Results

Alexander & Baldwin Announces New Development Project at Komohana Industrial Park

Alexander & Baldwin to Participate in Nareit's REITweek: 2025 Investor Conference

American Assets Trust

Armada Hoffler Properties, Inc. Common Stock

Armada Hoffler Properties

Broadstone Net Lease

CTO Realty Growth

Essential Properties Realty Trust, Inc. Common Stock

Essential Properties

Empire State Realty OP, L.P. Series ES Operating Partnership Units Representing Limited Partnership Interests

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